Why Vendor Finance is a Bad Idea..

A client recently told me she had learned about vendor financing in a business seminar. One of those seminars was spruiked by slogans such as ‘build a business empire with no money down’.In my experience vendor finance almost always backfires. Here’s why. Purchasers...

How’s this for Sneaky!!

How’s this for sneaky…   I recently advised a client looking to purchase a particular business. On reading through the Contract of Sale I perused the Lease attached to the Contract. The Lease expired in a year’s time, but it had two options to extend for two more...